225 West 17th: Chelsea Condo with Fiery History Nears Finish Line, Two Volumetric Penthouses Remain

By Michelle Mazzarella | From Future New York Monday, December 10, 2018

The condo conversion at 221 West 17th Street is also known as The Dorian, but perhaps The Phoenix would be a more fitting sobriquet: The smooth brick façade designed by Rogers Partners is nearly finished as the building rises again in the wake of a five-alarm fire.

In the fall of 2015, a fire tore through several floors and the roof of the former commercial building in the midst of the conversion. Thanks to the efforts of the fire department and the speedy evacuation of nearby residents (Wynton Marsalis among them), no one was injured. The New York Post points out that the sprinkler system and other fire protection features had been removed during the renovation, which undoubtedly allowed the blaze to spread as it did.

At the time of the fire, Delshah Capital was converting the former commercial property into a 10-story, 14-unit luxury condominium with a full-floor cellar. Floors seven through ten would have full-floor penthouses and select units would have private terraces. Ground-floor retail was also planned for the site.

All units feature high ceilings, floor-to-ceiling casement windows, wide-plank oak floors, ultra-private bedrooms, incredible closet space, and in-unit washer/dryers. The kitchens are equipped with custom cabinetry, quartz countertops and backsplash, and a suite of high-end appliances. Residents enjoy easy access to The High Line, Chelsea Market, the Meatpacking District, and all of the area's eminent restaurants and cultural offerings.

Interiors via Sotheby's

Would you like to tour this property?

Just complete the info below.

Or call us at (212) 755-5544

High-floor view to the south

Kitchen

Bedroom

An offering plan effective August 30, 2018 lists a sellout of $69.225 million. To that end, current listings range from two-bedrooms starting at $2.495 million to three-bedroom penthouses starting at $6.25 million. CityRealty listings show that this is right around the Chelsea median of $2.775 million for two-bedrooms and $5.57 million for three-bedrooms.

In addition to being near Chelsea's main attractions, the new condo is directly adjacent to the historic Walker Tower, a spectacular Art Deco tower. Penthouse 3/4 set a new downtown record when it sold for $31 million over the summer, and its two current availabilities start at $22 million.

Private south-facing penthouse terrace

Renderings of 221 West 17th Street via Rogers Partners

Would you like to tour any of these properties?

This is your member's center

In this article:

Select which properties are of interest to you:

This is your member's center

In this article:

Select which properties are of interest to you:

Select which properties are of interest to you:

Listings in this article

Related Links

Tags:

Related Articles

Buy & Sell

Rent

Buildings

Insights

Company